Latest Home insurance News 
Dramatic drop in volume and value of insurance claims
The launch of the Sainsbury’s Home Insurance Claims Index, which tracks the volume and value of claims on a six monthly basis, suggests that insurers received a staggering 527,000 home insurance claims during the first half of 2008, but this fell to 373,000 for the same period in 2009. Furthermore, the average size of claim during these two periods was £918 and £735 respectively. The Index reveals that the main reason for the huge difference i... [more]
RSA offer 50 percent discount on contents premium for combined National Trust building and contents policy
RSA is offering all new home insurance customers 50% off their contents premium when they take out a combined National Trust building and contents policy. The offer will be valid until 26 April 2009 but even customers whose insurance is due for renewal beyond the cut off date can benefit. RSA has introduced this offer to celebrate its position as sole provider of National Trust home and motor insurance policies, a partnership that is contrac... [more]
Sale of single premium PPI is to be banned
The Competition Commission (CC) has published its final report into the Payment Protection Insurance (PPI) market. Commenting on the Competition Commission's final report into PPI, Ian Williams, director of communications at moneysupermarket.com, said: "As a product there is nothing fundamentally wrong with payment protection insurance; indeed ABI stats recently showed a 118 per cent increase in unemployment claims on PPI policies demonstratin... [more]
Check the small print of home insurance for burst pipes cover
With temperatures below average, Brits are urged to check the small print of home insurance policies to ensure they are covered for burst pipes. Research frommoneysupermarket.com found there are significant caveats in home insurance policies for covering burst pipes. Providers such as Barclays, Churchill and Direct Line cover for damage caused by pipes freezing and bursting, but are likely to have exclusions; for example if a property is left ... [more]
Lloyd's obtains licence to write direct general insurance business in Guernsey
Lloyd’s has obtained a licence to write direct general insurance business in Guernsey. Before now Lloyd’s has been viewed as a ‘Recognised Insurer’, which has meant underwriters have only been permitted to write Guernsey insurance business from London on a cross-border basis. The new licence permits Lloyd’s underwriters to write insurance business locally through cover holders and for managing agents to establish service companies in Guern... [more]
Insurance Frustration: Family on Brink of Losing Home Get Mortgage Relief Following ABC News Report (ABC News)
For homeowners who let insurance lapse, banks force more expensive policies.
Bill to allow home insurance rate hikes advances (Sun-Sentinel)
The Florida Senate's insurance committee passed a broad property insurance bill Wednesday that would essentially allow additional property insurance rate increases and reduce fraudulent claims and discounts that can drive up insurance costs.
"Love Thy Neighbour - But Ring the Doorbell First, Please..." Finds Saga Over 50's Home Insurance (PRWeb)
The over 50s still very much abide by the commandment to ‘love thy neighbour’, but are much more cautious of the ‘knock and walk in’ culture in homes of yester-year. Research* by Saga Home Insurance shows that a third (32 per cent) of over 50s know their neighbours well and regularly socialise together, and only four per cent don’t know them at all. Furthermore, friendship and trust appears to ...
Surprising Ways to Save Money With Insurance (ABC News)
Your homeowner's and auto insurance coverage could help you save on legal fees, pet injuries and more. Insurance - Vehicle insurance - Business - Financial services - Agents and Marketers
Stow man found guilty of planning arson for $250,000 insurance claim (The Cleveland Plain Dealer)
Marcus Fruth will be sentenced April 29. Fruth received more than $250,000 from his insurance company after a fire Sept. 26, 2008, when his home and garage in the 1200 block of Norton Road were destroyed.
Mandatory insurance proposed for UK dogs (AP via Yahoo! News)
A chip for Spot? In a country where guns are tightly controlled and even carrying a kitchen knife can bring prison time, some thugs use dogs to menace their victims. Now the British government is proposing that dog owners be forced to get microchips and take out insurance for their pets.
Buying a home: know the difference between mortgage life insurance and individual life insurance (Purcell Register)
(ARA) - For many new homeowners, it can be very confusing to decide whether you should buy an individual insurance policy from a reputable life insurance company to protect your new home from the unexpected, or if you should purchase a mortgage insurance policy through your lender.
Blaska's Blog conjures a new enemy: private insurance! (Isthmus)
One would think portraying insurance companies as inglorious basterds would be a tough sell in a place like metro Madison, WI, home to American Family, National Guardian Life, CUNA, General Casualty, and others. But that is what our current President is trying to do to breathe life into his moribund ObamaCare.
Want Break On Insurance Bill? House Will Have To Pose (Central Florida News 13)
Most insurance companies offer discounts for hardening your home against a hurricane. But many homeowners who haven't done a thing are getting the discounts anyway. Now state leaders are cracking down one snapshot at a time.
Idaho mothers need life insurance, too (The Idaho Statesman)
Whether a mother works outside the home or dedicates her life as a homemaker, women are less likely than men to have life insurance, and if they die, their families could be thrown into financial chaos.
